A share price of Polar Power Inc [POLA] is currently trading at $0.46, up 4.78%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The POLA shares have gain 14.30% over the last week, with a monthly amount glided 18.19%, and seem to be holding up well over a long-time horizon.
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On 12, March 2024, Polar Power Announces $5.1 Million in New Bookings to Date in Q1 2024. In a post published today on Yahoo Finance, Additional $2.5 Million in New Bookings includes International Military and Telecom Customers Choosing Polar Power’s Unique Power Technology Platforms.
From an analyst’s perspective:
Polar Power Inc [NASDAQ: POLA] stock has seen the most recent analyst activity on November 07, 2017, when ROTH Capital downgraded its rating to a Neutral.
Polar Power Inc experienced fluctuations in its stock price throughout the past year between $0.32 and $1.88. Polar Power Inc [NASDAQ: POLA] shares were valued at $0.46 at the most recent close of the market.
Analyzing the POLA fundamentals
Trailing Twelve Months sales for Polar Power Inc [NASDAQ:POLA] were 18.05M which represents 11.95% growth. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at -0.24%, Pretax Profit Margin comes in at -0.26%, and Net Profit Margin reading is -0.27%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.3 and Total Capital is -0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.59.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4120 points at the first support level, and at 0.3641 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5219, and for the 2nd resistance point, it is at 0.5839.
Polar Power Inc [POLA] reported earnings per share of $0.07 for its fiscal quarter that ended on 9/29/2021. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.04/share, meaning a difference of $0.11 and a surprise factor of 275.00%. By comparison, the stated earnings for the previous quarter ended on 6/29/2021 were -$0.07 per share as compared to estimates of -$0.06 per share, a difference of -$0.01 representing a surprise of -16.70%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Polar Power Inc [NASDAQ:POLA] is 2.16. Further, the Quick Ratio stands at 0.49, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 0.45, the price to book ratio is 0.40.
